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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
SM7 3PPHouse Prices / South East, Reigate and Banstead, Rectory Lane
Last updated May 2026
Key Postcode Insights
SM7 3PP is a residential postcode situated on Rectory Lane, Banstead, SM7 with 13 addresses.
It ranks as the 195th largest and 2nd most expensive of the 439 postcodes in the SM7 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 13 properties: 2 houses and 11 flats.
13
Properties
- Houses
- Flats
Key Postcode Insights
SM7 3PP is a residential postcode situated on Rectory Lane, Banstead, SM7 with 13 addresses.
It ranks as the 195th largest and 2nd most expensive of the 439 postcodes in the SM7 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 13 properties: 2 houses and 11 flats.
13
Properties
- Houses
- Flats
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House Pricesin SM7 3PP
Sale prices range from £131,029 for 2 bedroom leasehold flats with a garden (667 ft2) to £550,826 for 3 bedroom freehold houses with a garden (652 ft2) .
Monthly rental prices range from £691 pcm for 2 bed flats to £2,336 pcm for 3 bed houses.
The gross rental yield is between 4.8% and 6.4%.
The average value per square foot is £278.
Average Sale Value
£262,632
Average Rental Value
£1,247 pcm
Average Rental Yield
5.7% /year
Average Value Per Sqft
£278 /ft2
Sales Market Trendsin SM7 3PP
The last sale in SM7 3PP sold for £10,000 on 20th January 2025. Since then prices are down an average of 2.0%.
The current average value in the postcode is £262,632.
The SM7 3PP Sales Market has increased by 11.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £262,632 |
| April 2025 | 1.7% | £269,013 |
| April 2024 | -2.2% | £264,638 |
| April 2023 | 0.9% | £270,616 |
| April 2022 | 6.8% | £268,223 |
| April 2021 | 3.4% | £251,256 |
| April 2020 | 2% | £243,055 |
| April 2019 | -1.8% | £238,229 |
| April 2018 | -0.2% | £242,675 |
| April 2017 | 2.9% | £243,084 |
| April 2016 | 12.6% | £236,341 |
| April 2015 | 10.8% | £209,905 |
| April 2014 | 11.9% | £189,529 |
| April 2013 | 3.5% | £169,304 |
| April 2012 | 2.4% | £163,599 |
| April 2011 | -1.5% | £159,747 |
| April 2010 | 6.6% | £162,223 |
| April 2009 | -12% | £152,150 |
| April 2008 | 3% | £172,915 |
| April 2007 | 0% | £167,801 |
Rental Market Trendsin SM7 3PP
The current average rental value in the postcode is £1,247.
The SM7 3PP Rental Market has increased by 35.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £1,247pcm |
| April 2025 | 4.2% | £1,197pcm |
| April 2024 | 5.4% | £1,148pcm |
| April 2023 | 12.4% | £1,090pcm |
| April 2022 | 4.6% | £969pcm |
| April 2021 | 3.4% | £927pcm |
| April 2020 | 2% | £897pcm |
| April 2019 | 0.3% | £879pcm |
| April 2018 | -0.5% | £877pcm |
| April 2017 | -4% | £881pcm |
| April 2016 | 7.5% | £918pcm |
| April 2015 | 8.2% | £854pcm |
| April 2014 | 2.8% | £789pcm |
| April 2013 | 5.4% | £767pcm |
| April 2012 | 3.2% | £728pcm |
| April 2011 | 3.1% | £706pcm |
| April 2010 | -0.2% | £685pcm |
| April 2009 | -6.4% | £686pcm |
| April 2008 | 7.6% | £733pcm |
| April 2007 | 0% | £681pcm |
Properties and Buildingsin SM7 3PP, Rectory Lane, Banstead, SM7
- 1A, Rectory Lane, Banstead, SM7 3PP
- 2A, Rectory Lane, Banstead, SM7 3PP2 bed early-century flat
- 3A, Rectory Lane, Banstead, SM7 3PP2 bed early-century flat
- 4, Rectory Lane, Banstead, SM7 Early-century building2 units
- 5, Rectory Lane, Banstead, SM7 Early-century building2 units
- 6A, Rectory Lane, Banstead, SM7 3PP2 bed early-century flat
- 7A, Rectory Lane, Banstead, SM7 3PP
- 8, Rectory Lane, Banstead, SM7 Early-century building3 units
- 9A, Rectory Lane, Banstead, SM7 3PP2 bed early-century flat
Sales Historyin SM7 3PP
The last sale was on 20th January 2025 for £10,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 10 sales since 1995.
SM7 3PP has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Jan 2025£10,000 | 2 Bed FlatRectory Lane8, Rectory Lane, Banstead, SM7 3PP
Sold Mar 2022£450,000 | 3 Bed HouseRectory Lane5, Rectory Lane, Banstead, SM7 3PP
Sold Mar 2011£122,000 | 2 Bed FlatRectory Lane8, Rectory Lane, Banstead, SM7 3PP
Sold Feb 2008£140,000 | 2 Bed FlatRectory Lane8, Rectory Lane, Banstead, SM7 3PP
Sold Feb 2005£147,000 | 3 Bed HouseRectory Lane1A, Rectory Lane, Banstead, SM7 3PP
Sold Jun 2004£145,000 | 2 Bed FlatRectory Lane5A, Rectory Lane, Banstead, SM7 3PP
Sold Mar 1999£82,000 | 2 Bed FlatRectory Lane2A, Rectory Lane, Banstead, SM7 3PP
Sold Dec 1998£87,000 | 2 Bed FlatRectory Lane3A, Rectory Lane, Banstead, SM7 3PP
Sold Dec 1997£47,500 | 2 Bed FlatRectory Lane2A, Rectory Lane, Banstead, SM7 3PP
Sold Aug 1997£60,000 | 3 Bed HouseRectory Lane1A, Rectory Lane, Banstead, SM7 3PP
Nearby Postcodesto SM7 3PP
SM7 3PP is the 195th largest and the 2nd most expensive postcode out of the 439 postcodes in the SM7 area.
- 80 mSM7 3PT, Pine Walk, Banstead, SM7SM7 3PT3 Addresses
- 81 mSM7 3PW, Rectory Lane, Banstead, SM7SM7 3PW6 Addresses
- 172 mSM7 3PF, Manor Way, Banstead, SM7SM7 3PF10 Addresses
- 185 mSM7 3PY, Pine Walk, Banstead, SM7SM7 3PY21 Addresses
- 211 mSM7 3PN, Manor Way, Banstead, SM7SM7 3PN32 Addresses
- 212 mSM7 3PX, Upper Pines, Banstead, SM7SM7 3PX19 Addresses
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Property Typesin SM7 3PP
- 11 early-century flats built between 1912 and 1935
- 2 other addresses of unknown type
- early-century flat (11)
- Unknown (2)
Energy Efficiencyof properties in SM7 3PP
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The dominant rating is E.
- A (0)
- E (4)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Saleson Rectory Lane
Schools Nearbyto SM7 3PP
The nearest primary school to SM7 3PP is Chipstead Valley Primary School which is 396 metres away.
- 396mChipstead Valley Primary School
- 1.3kmWoodmansterne Primary School
- 1.4kmSt Aidan's Catholic Primary School
The nearest secondary school is Woodcote High School which is 2.4 kilometres away.
- 2.4kmWoodcote High School
- 3.3kmOaks Park High School
- 3.4kmThe Beacon School
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Public Transport Nearbyto SM7 3PP
The closest station to SM7 3PP is Chipstead station which is 800 metres away.
- 797mChipstead
- 887mWoodmansterne
- 2.0kmCoulsdon South
- 2.3kmCoulsdon Town
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